Canal-front living with direct Gulf access defines this exceptional home at 523 Wahoo Road in the gated Bay Point community of Panama City Beach. Set along a wide canal in one of the area's most established marina neighborhoods, this 4-bedroom, 3-bath residence offers approximately 2,820 square feet of thoughtfully designed coastal living with effortless boating convenience. The main living areas are oriented to showcase tranquil water views, with large windows and easy flow to the outdoor spaces. A spacious, open design connects both living rooms, the dining area, and the kitchen, creating an inviting layout ideal for everyday living and entertaining. Distinctive sunken living rooms add architectural character and warmth, providing comfortable gathering spaces with timeless appeal. The kitchen features generous counter space, abundant cabinetry, and a functional layout suited for everything from casual mornings to hosting family and guests. The privately situated primary suite captures canal views and offers ample closet space and an en suite bath designed for comfort and privacy. Three additional bedrooms and two full baths provide flexibility for guests, a home office, or additional living space, making this property well suited as either a primary residence or a coastal second home. Outdoor living is central to the appeal of this canal-front property. With direct access to the Gulf of Mexico, it is ideal for boating, fishing, and exploring the surrounding waterways.
Bay Point, located between St. Andrews Bay and Grand Lagoon, is a waterfront and resort-style Upper Grand Lagoon neighborhood with marina-lined canals and golf-course greens. The neighborhood’s character concentrates around the Bay Point Marina complex off Bay Point Road, where docks, charter boats, and breezy waterfront patios set the tempo. Low-slung coastal homes and condo clusters follow curving streets, with palms and water views shaping daily routines. Bay Point Marina, Nicklaus Course at Bay Point Golf Club, and the Sheraton Panama City Beach Golf & Spa Resort act as local pillars. Shoreline edges and boat slips keep the landscape oriented to the water.
Provided by Walk Score and Local Logic
Offer insights
523 Wahoo Rd · $1,070,000
$1.06M and above
75% chance or better to win
Why $1.06M+ is a strong offer
DAYS ON MARKET
108 days
The average home goes pending in 76 days.
SALE-TO-LIST
97.2%
Most homes are selling 3% below list price.
About offer insights
Property details
Interior
Exterior
Finance
Kitchen
Bathroom
Bedroom
Living
Dining
Interior features
Kitchen island
Recessed lighting
Split bedroom floor plan
Gas fireplace
Bedrooms
4 bedrooms
Primary bedroom on the first floor
Primary bedroom features a walk-in closet and waterfront location
Bathrooms
3 full bathrooms
Primary bathroom with double vanity, tile, shower, and sauna/steam
Kitchen
Cooktop
Double oven
Dishwasher
Garbage disposal
Heating & cooling
Central heating (natural gas)
Central air conditioning
Ceiling fans
Electric heat control
Exterior features
Outdoor grill
Balcony
Covered and open decks
Open patio
Partially fenced lot
In-ground pool
Canal view
Canal access
Bulkhead/seawall
Home design
Beach house style
2 stories
Built in 1980
Private road frontage
Controlled access community
Parking
Attached garage with 2 spaces
Boat parking available
Security
Gated community
Community security services
Construction
Stucco exterior
Composite shingle roof
County records for building area
Utilities
Public water
Public sewer
Electric service
Natural gas
TV cable available
HOA & community
Homeowners association: yes
Association covers grounds maintenance, structure maintenance, management, licenses/permits and security
Fees may include accounting, grounds keeping, management, repairs/maintenance and security
Other
Community features include fishing, golf, marina, and waterfront access
Short-term rentals not allowed
Electricity and solar
View estimated energy costs and solar savings for this home
Canal-front living with direct Gulf access defines this exceptional home at 523 Wahoo Road in the gated Bay Point community of Panama City Beach. Set along a wide canal in one of the area's most established marina neighborhoods, this 4-bedroom, 3-bath residence offers approximately 2,820 square feet of thoughtfully designed coastal living with effortless boating convenience. The main living areas are oriented to showcase tranquil water views, with large windows and easy flow to the outdoor spaces. A spacious, open design connects both living rooms, the dining area, and the kitchen, creating an inviting layout ideal for everyday living and entertaining. Distinctive sunken living rooms add architectural character and warmth, providing comfortable gathering spaces with timeless appeal. The kitchen features generous counter space, abundant cabinetry, and a functional layout suited for everything from casual mornings to hosting family and guests. The privately situated primary suite captures canal views and offers ample closet space and an en suite bath designed for comfort and privacy. Three additional bedrooms and two full baths provide flexibility for guests, a home office, or additional living space, making this property well suited as either a primary residence or a coastal second home. Outdoor living is central to the appeal of this canal-front property. With direct access to the Gulf of Mexico, it is ideal for boating, fishing, and exploring the surrounding waterways. The waterfront setting offers room to relax, dine, and enjoy the peaceful canal views throughout the year. Located within Bay Point, a gated marina and golf community in Panama City Beach, residents benefit from controlled access, optional golf and tennis, nearby dining, and convenient proximity to local beaches, marinas, and area amenities. This combination of secure, established neighborhood setting and direct boating access to the Gulf makes 523 Wahoo Road a rare opportunity for spacious canal-front living in one of Panama City Beach's most desirable coastal communities.
ECAR #1003838
May 17, 2026
Listed
$1,070,000
$379/sq ft
CPARMLS #772628
May 16, 2026
Listing Removed
—
Apr 24, 2026
Price Changed
$1,110,000
$394/sq ft
Jan 7, 2026
Price Changed
$1,110,500
$394/sq ft
Dec 15, 2025
Listing Removed
—
Nov 3, 2025
Price Changed
$1,110,000
$394/sq ft
Aug 27, 2025
Price Changed
$1,198,000
$425/sq ft
Jul 24, 2025
Price Changed
$1,199,000
$425/sq ft
May 8, 2025
Listed
$1,250,000
$443/sq ft
CPARMLS #500664
Oct 25, 2011
Sold
$365,000
$129/sq ft
Sep 22, 2011
Listed
$410,000
$145/sq ft
Year
Property tax
Land + Additions
Assessment*
2025
$3,868 (+3.2%)
2024
$3,749 (+1.6%)
2023
$3,692 (+10.7%)
2022
$3,335 (−0.4%)
2021
$3,347 (+0.1%)
2020
$3,343 (+1.4%)
2019
$3,297 (+0.5%)
2018
$3,280 (+1.6%)
2017
$3,230 (−2.2%)
$123,314 + $167,225
$290,539
2016
$3,304 (−2.3%)
$123,314 + $168,391
$291,705
2015
$3,383 (−1.7%)
$120,700 + $169,556
$290,256
2014
$3,440
Public record
Public record
Permits
Beds
4
Baths
3
Stories
2
Lot width
80 ft.
Lot depth
125 ft.
Lot size
9,975 Sq. Ft.
Year renovated
1980
Finished Sq. Ft.
2,820
Unfinished Sq. Ft.
—
Total Sq. Ft.
2,820
Year built
1980
Style
Single Family Residential
County
Bay County
APN
30933409000
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Jun 18, 2026.
Aug 27, 2013 • Final
Roof
Roofing
Nov 9, 2012 • Final
Legacy - residential
Remodel
Permit history is from public records and may be incomplete or inaccurate. Redfin and its agents make no representations about the property condition or permit status. Buyers should independently verify all information.
Climate risks
9/10 Flood Factor
Estimated 80%+ chance of a flood reaching the building in the next 30 years
1/10 Fire Factor
Unlikely to be in a wildfire in next 30 years
10/10 Heat Factor
7 days above 106° expected this year, 20 days in 30 years
9/10 Wind Factor
99% chance of strong winds in next 30 years
1/10 Air Factor
0 unhealthy days expected this year, 0 days in 30 years
Provided by First Street
Historical weather
Panama City, FL • 32408
Average low and high temperatures (°F)
60
45
67
54
73
59
78
65
82
72
88
77
90
80
88
77
87
75
81
66
74
60
66
51
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
84/ 100
Very good sunlight
Sunscore
There appears to be minimal shading by surrounding buildings, terrain, and vegetation.
8.7 hrs
6.2 hrs
JuneDecember
Provided by Shadowmap
Redfin Estimate for 523 Wahoo Rd
$1,002,953
$67K under list price of $1.07M
Nearby comparable homes
The Redfin Estimate uses 6 recent nearby sales, priced between $815K to $1.2M.